David Ramirez
Short-Term Rental Eligible
$899,000$999,0004 bd5 ba1,724 sqft$521 /sqft$5,808 /mo all-in ↓

32708 GERE LANE, SORRENTO, FL, 32776

Active314 days on marketListed Sep 24, 2025MLS #O6346579

Est. $43K/yr short-term rental revenueReduced $100KPrivate poolFarmHIGHLANDS RESERVE PH 1

About this home

32708 GERE LANE

Stunning 4-Bedroom Estate on 4.81 Acres – A Private Outdoor Oasis! Welcome to this beautifully updated 4-bedroom, 4-bathroom home nestled on nearly 5 fully fenced acres, No HOA, and complete with an electronic gate for privacy and security. Step inside to discover newly renovated bathrooms, a modern kitchen, and upgraded closets—thoughtfully designed for both comfort and style. The outdoor space is truly one-of-a-kind, offering a resort-style experience perfect for entertaining. Enjoy a sparkling pool with a custom deck, multiple covered patios, pergolas, and a picturesque trellis walkway. The crown jewel of the backyard is a massive covered entertaining area featuring a bar, custom epoxy flooring, and built-in electrical for fans, lighting, and even a projector. There are also two half bathrooms attached to this impressive structure. Just steps away is a large, shaded playground with artificial turf—ideal for families. The property also includes a barn/stable that’s perfect for storage or housing pets. At the rear of the estate, motorsports enthusiasts will love the full-sized racetrack, ready for recreational use. This is more than just a home—it’s a private retreat with every amenity you could want. Don’t miss the opportunity to own this unique and versatile property!

Facts & features

The home at a glance

4

Bedrooms

5

Bathrooms

1,724

Sqft

4.81 ac

Lot size

1972

Year built

One

Levels

$521

Per sqft

Private pool

Inside

FlooringCeramic Tile · Luxury Vinyl
AppliancesBar Fridge · Electric Water Heater · Range · Refrigerator
InteriorCeiling Fan(s) · Open Floorplan
LaundryLaundry Room
CoolingCentral Air · Mini-Split Unit(s) · Wall/Window Unit(s)
HeatingCentral · Electric

Outside & construction

RoofMetal
ConstructionBlock · Stucco · Wood Frame
FoundationCrawlspace · Slab
FacesEast
ExteriorCourtyard · Lighting · Outdoor Grill · Outdoor Kitchen · Sidewalk

Community & fees

Taxes (2024)$5,520/yr

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Available · Phone Available
WaterWell

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$5,808 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$4,851
PMI (est., until 20% equity)$337
Property tax — 2024 actual bill$460
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $89,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $89,900
Interest rate6.00%
Loan term

Estimated payment

$5,808/mo

Principal & interest$4,851
PMI (est., until 20% equity)$337
Property taxes (actual bill)$460
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Sorrento actives

$521 vs $221

Days on market

314 vs 34 typical

Where $521/sqft sits among the 77 Sorrento actives

42
18
10
2
2
3 · this home
$165–224$224–284$284–343$343–403$403–462$462+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

The investor lens

Two ways this home pays

This home sits inside Highlands Reserve, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.

Short-term rental · projected

$43,142/yr gross

Avg nightly rate$292
Occupancy (comp set)42%
CommunityHighlands Reserve
Fine-tuned for this homePrepared free by our team
Get the free rental analysis

Projected nightly rate, occupancy and annual revenue for this exact home.

Long-term rental

$2,680/mo median

MarketSorrento
Annual gross at median$32,160
Gross yield on this price3.6%
Homes for rent right now7

Live Sorrento rental listing data — this home’s rate depends on size, condition and furnishing.

The Florida short-term market

▼ Softening

45%

Occupancy

▼ 22% yr/yr

$256

Avg nightly rate

▲ 26% yr/yr

$27K/yr

Revenue per listing

$110

RevPAR

43 days

Booking lead time

3.3 nights

Avg stay

2

Typical min nights

13

Active rentals

▲ 25% supply

Seasonality — monthly occupancy

Peaks at 61% in Mar · bottoms at 38% in Jun

43%
47%
61%
40%
39%
38%
49%
48%
44%
40%
41%
46%
JanFebMarAprMayJunJulAugSepOctNovDec

Last 12 months of data, January–December, bars scaled to the seasonal peak. Market-wide averages across all home sizes in Florida — the projection above is specific to this home’s size.

Where it sits

Inside Highlands Reserve

Map of 32708 GERE LANE inside its neighborhood boundary

Drive times from this address

Downtown Orlando43 min
Universal Orlando47 min
Walt Disney World52 min
Orlando Int’l Airport (MCO)58 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Highlands Reserve is a short-term-rental community. See the full guide →

SORRENTO 32776 — neighborhood snapshot

Population

12,668

Median age

43.1

Median income

$97,217

Median home value

$374,000

Avg household

2.81

Households w/ children

1,164

For the school run

Lake County School District

ElementarySorrento Elementary★★★★★
MiddleMt. Dora Middle School★★★★★
HighMt. Dora High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sorrento market

Seller’s marketBalanced6.2 months of inventoryBuyer’s market

$435K$474K

Sorrento median sold, yr/yr

97.1%

Sale-to-list ratio (12 mo)

33 of 77

Sorrento actives have cut their price

Median sold price, Sorrento, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 100% above the SORRENTO 32776 median. See the full Sorrento market guide →

Paper trail

This home's history

CurrentPrice reduced to $899,000 $100K
Sep 24, 2025Listed at $999,000 · 314 days on market since
1972Built · HIGHLANDS RESERVE PH 1

Reality check

What actually sold near 32708 GERE LANE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

33401 ALWAYS DREAMING COURTSold · Mar ’26

$366,490

33401 ALWAYS DREAMING COURT

3 bd · 2 ba · 1,672 sqft · $219/sqft · 19 DOM

33406 JUSTIFY STREETSold · Oct ’25

$374,420

33406 JUSTIFY STREET

4 bd · 2 ba · 1,828 sqft · $205/sqft · 23 DOM

33289 ALWAYS DREAMING COURTSold · Jun ’26

$409,000

33289 ALWAYS DREAMING COURT

4 bd · 2 ba · 1,839 sqft · $222/sqft · 38 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 32708 GERE LANE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 32708 GERE LANE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Goes straight to David’s phone and CRM.

Straight answers

32708 GERE LANE FAQs

What would the monthly payment be for 32708 GERE LANE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,808/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 32708 GERE LANE?+

The most recent tax bill on record (2024) was $5,520. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Can 32708 GERE LANE be rented short-term?+

Yes — this home sits inside Highlands Reserve, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.

How does the price compare to other homes in Sorrento?+

At $899,000, this home is listed about 79% above the Sorrento median of $502,500. The market section on this page shows how the area is trending.

Which schools are assigned to 32708 GERE LANE?+

Sorrento Elementary (elementary), Mt. Dora Middle School (middle), Mt. Dora High School (high) — Lake County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$899,000 runs 100% above the SORRENTO 32776 median.

02Zoned for nightly rentals

Highlands Reserve is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.

03Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

04Time on market is leverage

314 days on market against a Sorrento median of 34 — sellers in this position are usually ready to negotiate.

05The price has already moved

Listed at $999,000, now $899,000 — a $100K cut. The full history is in the market section below.

Listing courtesy of STIRLING INTERNATIONAL REAL ES · Rosa Rodriguez. MLS #O6346579.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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